The Trader

Stocks Tank 1.65% on Taper Fears

The stock market registered the steepest weekly loss in three months. Also, time to check out of Hilton's new shares?

After months of heatstroke, investors surrendered to frostbite last week, getting cold feet when faced with the prospect that the Federal Reserve soon will taper its bond-buying program, which has kept interest rates low and the economy and stock market humming. The Dow Jones Industrials and Standard & Poor's 500 each fell 1.65% on the week, the biggest declines in three months.